REG - SSP Group PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">SSPG.L</Origin>

SSPAnnouncement

30/11/2016 17:10

RNS Number : 6063Q
SSP Group PLC
30 November 2016
 LEI: 213800QGNIWTXFMENJ24
FOR IMMEDIATE RELEASE
30 November 2016
SSP Group plc
(the "Company")
Notification of transactions of Persons Discharging Managerial Responsibilities
This notification is made in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
On 30 November 2016, awards taking the form of nil cost options or conditional share awards ("Awards") to acquire ordinary shares of 1 penceeach ("Shares") in the Company were granted to certain persons discharging managerial responsibilities ("PDMRs") under the SSP Group plc Performance Share Plan ("PSP"), as set out in the table below. The acquisition and grant of awards over Shares took place on the London Stock Exchange.
The number of Shares subject to the Awards has been determined by reference to the closing price of the Company's Shares on the day before the Awards were granted, being 371 pence per Share.
Name of PDMR
Position
Number of Shares under Award
Aggregated Price of Shares under Award
Kate Swann
Chief Executive Officer
420,646
0
Jonathan Davies
Chief Financial Officer
140,215
0
Mark Angela
Chief Commercial Officer and CEO -Eastern Europe and Middle East
112,870
0
Simon Smith
CEO - UK & Ireland
113,925
0
Nicholas Inkster
CEO - Western Europe
108,667
0
Michael Svagdis
CEO - North America
140,137
0
Cornelius Everke
CEO - DACH
102,621
0
Chris Rayner
CEO - Asia Pacific
95,383
0
The vesting of the Awards is subject to the satisfaction of performance conditions measured over the three-year period from 1 October 2016 to 30 September 2019. 75% of the total Awards isbased on earnings per share (EPS) growth and 25% of the total Awards is based on relative Total Shareholder Return (TSR).
No consideration was paid for the grant of any of the Awards.
For further information, please contact:
SSP Group plc
Helen Byrne, Company Secretary Tel: +44 (0) 207 543 3404

This information is provided by RNS
The company news service from the London Stock Exchange
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